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Search Results 0 to 28 of about 29 (some duplicates have been removed)
't given ait's the 11th hour and still no fiscal cliff deal on the table. when we return. we take a look at lawmakers final push to beat the new years deadline for a compromise. ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >>> another day gone and still no deal on the fiscal cliff. if nothing is done by midnight monday, mandatory tax hikes and spending cuts will kick in, impacting every american. senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. elizabeth corridan is monitoring the situation from washington, d-c. >> reporter: >> as >> as we gather with so much, we need to guide our lawmakers with your wisdom. this evening. >> reporter: the senate will reconvene monday morning, at which point there will be just over 12-hours until the u.s. goes over the fiscal cliff. the senate convened its rare sunday session with a prayer for progress. t
to 8 hours to see it. it's part of history so people want to see it. >>> 4:57. the "fiscal cliff" deadline just hours away. talks are stalled. can lawmakers get a deal done in time? >> we'll see. plus, a driver crashes into a concord funeral home during services. what police say was happening that could result in charges. >> a house fire in san francisco's excelsior district has firefighters raising eyebrows. we'll tell you why something illegal might be behind the cause. lawmakers have just hours to prevent tax hikes and spendg cuts.. r a deal? >> your realtime captioner: linda marie macdonald >>> peering over the "fiscal cliff," lawmakers have just hours to prevent tax hikes and spending cuts. is there any hope for a deal? >> reporter: firefighters are calling a house fire in san francisco's excelsior district suspicious. we'll tell you why in just a few moments. >> it's a frosty start to this last day of 2012. what about rain? could we see that on new year's eve? weta
we are in the final hours from keeping lawmakers from going over that so- called fiscal cliff. >> economist there that the combination of automatic spending cuts and tax increases could trigger a new recession. >> and spencer explains how negotiations today must now overcome a " major setback. >> there will be part of it that i find disgusting rest principle which i may have to swallow in the name of compromise. be a rare session on capitol hill. >> the senate will come to order. >> as lawmakers try to avoid the so-called fiscal cliff. >> both sides agreed to push forward. >> i want everyone to know i am willing to go the distance. but i need a dance partner. >> vice-president joe biden departure for mcconnell. >> if is not resolved by midnight tonight tax increases will be for all americans. >> one mom said to me in michigan that is four months' worth of groceries. >> that is gas for me back and forth to work. >> democrats won higher taxes on americans earning more than two of the $50,000 a year. >> republicans want taxes to stay where they are. >> others want to see governme
. >>> congress and the white house have about 13 hours to find a solution to the fiscal cliff. political reporter jamie dupree joins us via skype from washington. jamie, is there any progress being made? >> reporter: there were late night and early-morning talks. the leaders spoke by telephone. the things did not work out very well between the speaker and president obama. they didn't work out too well between the senate republican leader and the senate majority leader harry reid either. reid stepped back and now mitch mcconnell, the republican leader, is negotiating director with vice president biden. some of the details referred to leaked out may be the new income threshold with taxes going up about $400,000, $450,000. there could be a number of other things. there's so many different moving parts in this. as of right now, we still don't have a final agreement. the senate is going to be in session in just a few minutes at the top of the hour. we hope to get an update from both leaders at that point in time. >> i've heard the fiscal cliff it's been more described as a fiscal cliff slope. so it's
of that looming fiscal cliff. 15 hours from right now the u.s. economy will go over that cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight, east coast time, income tax rates will go up for all americans. coming up at 6:15 the new numbers that are being thrown around this morning. >>> it is 6:07. starting tomorrow alameda county grocery stores and most other stores that sell food or alcohol cannot distribute plastic bags to their customers. in place of the single use bags stores are allowed to use paper or reusable bags but they have to charge at least a dime for each bag. customers are being encouraged to bring their own bags when shopping. restaurants can still provide plastic bags to customers. >> i'm trying to remember. >> some of the places i go they give you a discount. they give you five cents if you bring your own bag. >>> time now 6:08. tara is back to talk about your commute. you're also telling us about free rides for new years eve. >> that is right. muni is free from 8:00 tonight until 6:00 tomorrow morning.
that had them using extra precaution. >>> congress continues to bicker hours to the fiscal cliff. we go live to . >>> good morning 5:29 on this monday the last one of 2012. thanks for waking up and joining us this early morning i'm kristen sze. >>> and i'm katie marzullo in for eric thomas. last night of 2012 if you are going to be out in the bay area probably a big coat, mike? >> definitely breast warmly, don't worry about any wet weather. good morning. as we look at live dopplerwq[ú, picking up dry air, also seeing high clouds put another halo around the moon earlier this morning, beautiful sight we've had several times over the last week. not fog forming but frost out there watch out for that during the morning hours. this afternoon under partly cloudy skies, upper 40s to low 50s mostly sunny bay and inland low to mid 50s how about traffic if there is any. >>> mass transit is what we can talk the most about, no delays across the board. there is no ace train today or tomorrow. muni on a saturday schedule today. all mass transit offering extended hours to get you home for new year's e
hour fiscal cliff >>> 52 in san francisco, san rafael, half moon bay and richmond san jose 55, oakland 54, concord 53. traveling today, no worries until youpc get near crescent city where we have a chance of being sideswiped by a shower there 49, tahoe 30, 36 yosemite today. warmer down south near 60 palm springs, san diego and l.a. take your sunglasses there. >>> let's check in with ron claiborne for what is coming up on "good morning america." >>> breaking news overnight secretary of state clinton in the hospital diagnosed with a blood clot the latest on her condition. plus, starting the countdown to midnight early this morning in times square, next on gma. >>> new york woman accused of shoving a man to his death in the subway erika menendez is well-known to police, arrested three times, she was raysed two days ago, 24 hours after she -- pushed a man into the path after oncoming train. she told police she hated muslims and hindus and pushed the man because he was muslim. she has been charged with murder as a hate crime. >> richmond police reporting lowest murder rate in the city murd
in a row thanks to peyton manning. >>> the "fiscal cliff" deadline hours away but talks are stalled. can lawmakers reach a deal in time? >> plus a car careens into a packed funeral home over the weekend. what the teens in the cars were doing before impact. >> we're live in san francisco, where arson investigators will be looking into a suspicious house fire. we'll tell you what made things dangerous for firefighters. ,, ,,,,,,,,,, ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. new year's eve. i m michelle griego. and i'm frank mallicoat. tis 6-- developing news from san francisco... ars >>> good morning. it's monday, december 31. new year's eve, i'm michelle griego. >> is it new year's eve? >> it is. >> hi, everyone. i'm frank mallicoat. it is 6:30 on the nose now. we have developing news here in san francisco. arson investigators are looking into a suspicious house fire. >> cbs 5 reporter cate caugiran is live
the fiscal cliff in just hours, time is running out for congress to make a deal. and what a difference a day makes. on thursday, things looked bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> o'donnell: but by week's end, senate leaders agreed to make a last-ditch effort to get a deal. >> so i'm hopeful and optimistic. >> i'm going to do everything i can. i'm confident senator mcconnell will do the same. >> o'donnell: we'll have the
wake up the deadline to the fiscal cliff is just 14 hours ai wa. there's no deal yet, but members of congress are heading back to capitol hill. first, breaking news on the condition of secretary of state hillary clinton. >> she's in a new york city hospital this morning being treated for a blood clot. doctors say it's related to a concussion that's kept her out of the office for the past three weeks. margaret brennan is in washington with the latest. margaret good morning. >> reporter: good morning to you. secretary clinton is taking anti-coagulant to thin out the blood clot. doctors will monitor her for at least the next 48 hours. >> a warm welcome to the secretary of state. >> reporter: secretary of state hillary clinton was admitted to new york presbyterian hospital on sunday after doctors discovered a blood clot during what was termed a follow-up exam to check on her recovery from a recent concussion. >> thank you very much. how are you? >> reporter: clinton's health scare began after she contracted a stomach illness following a whirl wind trip through eur
begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vac
the "fiscal cliff"? it is still possible but experts say with every passing hour it becomes more difficult. >> well, we're now at the last minute. the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> reporter: congressional leaders left the white house after trying to negotiate an 11th hour deal to avoid the "fiscal cliff" of tax hikes and spending cuts that begin on january 1. the president emerged shortly after admitting no deal had been reached at least not yet. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion. >> reporter: the senate is in session today and is expected to return on sunday along with the house. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> reporter: but time is clearly running out for congress. st. mary's college polit
prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promised the american people. we've been reasonable and respondent. the president is the 1 who's never been able to get to yes. >> what i ran on and what the american people elected me to do was to put fourth a balanced a
hours from right now the u.s. economy will go over the fiscal cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight east coast time income tax rates will go up for all americans. coming up at 5:15 the two men leading the last minute negotiations. >>> the chp is trying to figure out what led up to a crash that killed a motorcycle rider in concord last night. it happened just before 6:30 on kicker pass road. the chp says no other cars were involved and it's unclear why the driver lost control. >>> three people are recovering after a crash after a car crashed into a concord funeral home. it happened yesterday afternoon at the we met brothers concord funeral chop ill on clayton road. it appears two teens were racing when they lost control and crashed their car into the building. the teens were taken to the hospital with serious injuries. a 66-year-old man who was inside the building has a broken leg. police interviewed a second driver that may have been racing the teens but have no arrests yet. >>> police officers are o
morning, at which point there will be just over 12-hours until the u.s. goes over the fiscal cliff. >>> if nothing is done by midnight monday, mandatory tax hikes and spending cuts will kick in, impacting every american. elizabeth corridan is monitoring the situation and brings us the latest. --reporter pkg-as follows -- " as we gather with so much work undone, guide our lawmakers with your wisdom." the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hiatus. with less than 48- hours until the u-s economy goes over what's being called the fiscal cliff - lawmakers are locked in a fierce face-off over a set of spending cuts and tax hikes. >>> "we're apart on some pretty big issues." "i'm willing to get this done, but i need a dance partner." >> reporter: on n-b-c's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for everyone but the wealthiest americans. >>> "regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do not go up th
on the fiscal cliff. just a matter of hours until we officially go over the edge. still no deal in sight. lawmakers scrambling this morning to put together an 11th-hour compromise or we'll be ringing in higher taxes along with the new year. jonathan karl is in washington. good morning, jon. >> reporter: good morning, dan. with taxes set to go up at the stroke of midnight. talks went late into the night and will continue this morning. as washington teeters on the edge of the fiscal cliff, there is still no deal. as talks continued overnight, a voice of frustration erupted on the senate floor. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> reporter: the republican and democratic senate leaders negotiated all weekend long. the talks hit a brick wall. harry reid saying he was unable to even counter the latest republican offer. >> at this stage, we're not able to make a counteroffer. it appears that there are things that stop us from moving forward. >> reporter: that prompted mitch mcconnell to call for a lifeline. >> i also p
hour talks to avoid the fiscal cliff. this evening here after they came to a halt, the vice president has been called in, now playing a central role. but time is running out. just tonight and tomorrow left. and if no agreement, taxes will go up for all americans. in fact, the average american family would see a tax increase of more than $3,400. as congress convened, even the senate chaplain praying to avoid what the president first called "self-inflicted wounds." let's bring in jon karl. he's been at his post every step of the way. the source has told you the vice president has been called in on this. >> reporter: that's right. i'm told the vice president is now playing a direct role in these negotiations, trying to get to a deal, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night, imploring congressional leaders to take action immediately. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mcconnell launched
forecast. >> leigh, thank you. >>> the nation is now just 24 hours away from going over the fiscal cliff. the one-two punch of tax increases and budget cuts set to go into affect on january 1st. negotiations will continue through the night, and a top man at the nation's capital has been called in to help. our abc news reporter has the latest from washington. >> the clock is ticking. negotiations are on going. at this point democrats and republicans remain at odds. >> regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do thought go up that would hurt our economy badly. we can get that done. >> president obama called for immediate action, but there was that vote in the senate tonight. >> we are going to come in at 11:00 a.m. tomorrow morning, and we will have further announcements perhaps at 11:00 in the morning. i certainly hope so. >> mitch mcconnell frustrated with the lack of progress called vice president biden in for help. biden is now said to be playing a direct role. >> there is no single issue that remains an impossible
the so-called "fiscal cliff." this is a live picture of the u.s. capital right now where the house is set to reconvene less than a half hour from now. but there are questions about how much progress can be made. andrew spencer has more on why the process steams have stalled -- seeps to have stalled. >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on a voiding the so-called "fiscal cliff." talks briefly hit a, quote, major setback on sunday over social security benefits according to a democratic source. but both sides agree to push forward. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch much. top level sources say the two are taking over talks. if nothing is resolved by midnight tax rates for all americans will increase. de
government. host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the next couple
there will the last minute meeting in washington and we hope that it will be a solution for the fiscal cliff. they are set to mitmeet in three hours. will have details on the free ride on the muni. we will be right back.
over the so- called " fiscal cliff. " economists fear the combination of automatic spending cuts and tax increases could trigger a new recession. andrew spencer explains how negotiations today must now overcome a " major setback. " >> talks on briefly hit a major setback over social security benefits. both sides agree to push for. >> i want everyone to know that i'm willing to get this done but i do need a dance partner. joe biden is that person. top-level resources stated that the two were talking and if nothing is resolved by midnight then the taxes will increase for everyone. >> one mom and mexican stated that this is about 1 months of groceries. >> democrats want the tax is to be raised for people making too much as $50,000 a year more. other people want to see government spending put in check. >> the president is doing nothing about the eviction of his administration. he is the spender in chief. >> i offered over a trillion dollars in addition to spending cuts. this is a way that we can have increased revenue. >> the senate recompense at 11:00 a.m. so as americans celebrate
be through a carbon tax is somethi. you can go to the c-span fiscal cliff website to get all the latest information, www.cspan.org/fiscalcliff. you should be checking back over the next 48 hours. guest: a deadline this afternoon. senator reid has said he will bring a bill to the floor that is what the president has asked for. i would not call it a plan b but it is clearly a fallback. bring ae're going to bill to the floor. it is an increase of taxes. eliminate single the amt or 2012 and extending unemployment. it would be those three elements. he would be st. negotiate with me and we can get something better. i would expect this to be filibustered. it plays right into what the white house might want. host: what incentive is there for john boehner to bring the bill up in the house of? guest: that is a good question. he said we might amend it. with these few hours before the start of the cliffs, paying a bill back and forth would most certainly mean we're going off. caller: i have a couple of comments. i think members of congress and the senate need to know that we are at their employers.
the fiscal cliff and president obama called for a critical meeting with congressional leaders. >> brian, that meeting gets underway in less than five hours at the white house. senate leaders harry reid and mitch mcdonnell and john boehner and nancy will sit down with president obama. it's the first time all five are meeting since november. economists hope they'll come up with a plan to avoid automatic tax increases and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to look at whatever he proposes but the truth is we're coming up against a hard dead line here and as i said, this is a conversation we should have had months ago. >> the main sticking point is who should pay more in taxes. democrats want a hike on households making more than $400,000 a year and republican aids say their leaders might get on board with that offer. >>> meanwhile if they aren't able to avoid the fiscal cliff people here
away from the "fiscal cliff." he took the red eye from hawaii overnight. senators are set to work today on a plan to avoid the so- called "fiscal cliff." but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is gettingismy for an agreement. its employees are writing "col together" on coffee cups in d.c. to try to encourage compromise. >>> hawaii's lieutenant governor brian shots will replace the late democratic senator daniel inouye who died of respiratory complications last week. on the day he died he wrote to the governor asking for a female representative to replace him. she made it to the final round of consideration but did not win the nomination. >>> and former president george h.w. bush is in intensive care at a houston hospital with a fever and cough. mr. bush was admitted to the hospital more than a month
. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the u.s. back into a recession. one possible effect of the fiscal cliff, milk prices could spike two or three dollars a gallon because farm programs will expire the end of the year. some are calling that dairy cliff. wendy gillette, abc news, new york. >>> mike jing us with a look at the -- mike joining us with a look at the forecast, more rain on the way? >>> in due time we'll get light rain not this morning high clouds to the east from sutro tower in san francisco where dry now live doppler 7 hd spinning tracking the showers, the rain i should say as it is developing over the ocean water right now let's see how far that is, 41 miles from santa rosa, 51 from san francisco, under the returns, very dry air, sprinkles at best lieu the 30s, just updated these the entire peninsula, upper 30s only 40s left, half moon bay 41, oakland 42, san francisco 44. every
to keep the nation from going over the so-called fiscal cliff. those talks are underway in d.c.. they must overcome a major setback. >> if there is an ultimate compromise there will be parts of it find that i find disgusting and reprehensible and may have to swallow in the name of finding a compromise. >> a rare sunday session on capitol hill. as lawmakers work on avoiding the so- called fiscal cliff. they have hit a " major setback " according to a democratic source on social security. >> i am letting everyone know i'm willing to get this done but i need a dance partner. >> vice-president joe biden is apparently that person very top level sources say there are over talks. if nothing is resolved by midnight tonight, all taxes for all americans will increase. that will average $2,000 for the average family. >> one michigan woman told me that was four months' worth of groceries. that is a lot of money. >> taxes for families earning higher than $250,000 or over, republicans want taxes to stay where they are. others want to see government spending put in check. >> the president has done nothin
Search Results 0 to 28 of about 29 (some duplicates have been removed)